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Deputy: 116 billion dollars total debt on Iraq
March 08 2018 12:32 PM
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March 08 2018 12:32 PM
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[rtl][rtl]MP Jabbar Abadi[/rtl]
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A member of the parliamentary finance committee Jabbar al-Abbadi said on Thursday that Iraq's total external and internal debt is $ 116 billion.
Abadi said in a statement that "the foreign debt of Iraq to the extent of 56 billion dollars, mostly about 41 billion dollars is outside the Paris Club, and the debts of the Gulf during the Iran-Iraq war."
"These debts, which are mostly to Saudi Arabia, have not been demanded so far, but they have not waived them and remain frozen," he said.
"The other part of the debt, amounting to about 50 billion dollars, is the internal debt borrowed by the government during the past three years to pay salaries and operating expenses."
"Most of the internal debts within the government system are controlled," Abbadi said, adding that "some refer to high figures and are calculated differently."
He called on all those who "criticize the debt to classify it according to the classification that I mentioned."
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Follow-Up
[rtl]A member of the parliamentary finance committee Jabbar al-Abbadi said on Thursday that Iraq's total external and internal debt is $ 116 billion.
Abadi said in a statement that "the foreign debt of Iraq to the extent of 56 billion dollars, mostly about 41 billion dollars is outside the Paris Club, and the debts of the Gulf during the Iran-Iraq war."
"These debts, which are mostly to Saudi Arabia, have not been demanded so far, but they have not waived them and remain frozen," he said.
"The other part of the debt, amounting to about 50 billion dollars, is the internal debt borrowed by the government during the past three years to pay salaries and operating expenses."
"Most of the internal debts within the government system are controlled," Abbadi said, adding that "some refer to high figures and are calculated differently."
He called on all those who "criticize the debt to classify it according to the classification that I mentioned."
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